World News
BCL Orders Fuel-Efficient, LNG-Ready Newbuild
Bermuda Container Line Ltd (BCL) has announced that it has ordered the construction of a fuel-efficient liquefied natural gas (LNG)-ready container/RoRo vessel.
"The vessel will be equipped with fuel-efficient main and auxiliary engines as well as leading-edge loading and cargo carrying capability," explained John Wight, Chairman of the Board of BCL.
"Further, as we think about long-term sustainability and environmental responsibility, we have ensured that the new ship will incorporate the capability to convert to LNG operation, which many see as a game-changer for shipping in the future."
The new vessel, which is slated for delivery in the first quarter of 2019, will replace BCL's container vessel Oleander - currently serving Bermuda.
"Bermuda has relied on BCL for its shipping service for over three and a half decades/well over thirty years," said Wight.
"In order to continue to meet the demands of today's market and to maintain the fast, efficient service for which BCL is known, we needed to execute a plan to bring online an updated, upgraded vessel. The new ship will be the most technologically-advanced vessel serving Bermuda."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 644.50 | 2.50 | 765.00 | 14.00 |
| Rotterdam | 607.50 | 0.50 | 764.50 | 24.50 |
| Houston | 632.50 | 4.00 | 807.50 | 5.00 |
| Fujairah | 650.50 | 1.00 | 882.50 | 6.00 |
| Global 20 Ports Average | 665.50 | 6.50 | 870.50 | 14.50 |
| Global 4 Ports Average | 635.50 | 3.50 | 810.00 | 17.50 |
| Global Average Bunker Price | 725.00 | 2.50 | 925.50 | 8.00 |
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